NEW YORK, Dec. 21 /PRNewswire-FirstCall/ — New York Mortgage Trust, Inc. (the “Company”) (Nasdaq: NYMT) announced today that its Board of Directors declared on December 21, 2009 a cash dividend of $0.25 per share on shares of its common stock for …
Federal Housing Finance Agency releases October home-price index. Labor Department releases weekly jobless claims. Commerce Department releases durable goods for November. Freddie Mac releases weekly mortgage rates. Markets close at 1 p.m.
A California Association of Realtors program to help pay homebuyers’ mortgages for six months if they lose jobs has been extended through 2010, the group reported Monday. The CAR news release is here. T he Mortgage Protection Program, launched in …
Banks and government agencies are ramping up their efforts to save troubled home loans, but not fast enough to keep the wave of foreclosures from rising. That’s the message from a government housing report released Monday. Here are some of the key …
NewBridge Bancorp announced Monday that its banking subsidiary, NewBridge Bank, has entered into agreement to acquire the business operations of Bradford Mortgage, a subsidiary of ACM Financial Trust, Inc. headquartered in Winston-Salem. The …
Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Santa Barbara, Symphony, Tradewinds and Winslow Capital. In total, the Company managed $141 billion of assets on …
NEWARK, N.J. – A federal jury in New Jersey has convicted two men in a multimillion-dollar mortgage fraud and property flipping scheme involving homes in Paterson. Frederick Ugwu of Upper Saddle River and Amer Mir of Jersey City were found guilty …
According to BanxQuote, the nationwide average for 30-year fixed-rate conforming mortgages yesterday was 5.03%. Call it 5%. I seriously doubt whether we’ll see this rate go much lower, and I think there is a very good chance it will be moving higher …
NEW YORK – Chase today announced that it is opening 24 more Chase Homeownership Centers in the next four months to provide face-to-face help to thousands more homeowners who are struggling with their mortgage payments. That will bring the total to 51 …
Mortgage interest rates continue to fall, according to Freddie Mac ’s Primary Mortgage Market Survey. And with interest rates below 5 percent, combined with the recent extension and expansion of the home buyer tax credits, give buyers a unique …